4343 W Bancroft St APT 4DOttawa HillsOH43615
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Ottawa Hills at 4343 W Bancroft St APT 4D, Ottawa Hills, OH, 43615 generates $1,393/mo in rent, after a $881/mo payment. Total monthly income is $1,393/mo. Return on cash invested sits at 16.07% in year one, and rental yield is 9.29% on a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 85.64% and total cumulative return in cash sums $51,101. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,393/mo property income rather than buyer’s personal income.
Apartment
Built in 1977
N/A lot
$N/A/sqft
$400 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43615, Toledo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,821 (100%) |
| Owner Occupied HU | 10,455 (50.2%) |
| Renter Occupied HU | 8,800 (42.3%) |
| Vacant Housing Units | 1,566 ( 7.5%) |
| Median Home Value | $168,940 |
| Average Home Value | $214,624 |
Housing Distribution
Address Breakdown
Residential
19,782
Single Family
15,532
Multi-Family
4,250
Businesses
1,040
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Listed by: N/A • N/A
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